• Savills flagged a cautious UK development land market in Q2, citing weak buyer demand, high mortgage costs, and subdued sales rates.
• Greenfield land values fell 1.2% in the quarter, taking annual declines to 3.3%; South East dropped 2.2% while North and Scotland rose 0.3%.
• Urban land values slid 2.1% in the quarter, deepening annual falls to 6.6%, with viability pressures accelerating declines versus greenfield sites.
• Developers shifted toward risk control, using deferred payments and conditional contracts; demand held up for 75-200 unit schemes while appetite for larger sites weakened.
• Build costs rose GBP 76,000 per home over five years; sentiment fell to -18 in Q2 from +26 in Q1, despite forecasts for easing cost inflation by end-2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Savills plc published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein.